Floordaily

Jan 20, 2023 / The Right News Right When It Happens

Top Story

Existing-Home Sales Fell 1.5% in December, Hitting Decade Low

Washington, D.C., January 20, 2023--Existing-home sales retreated for the 11th consecutive month in December, according to the National Association of Realtors (NAR).

Today's Flooring News

Jobless Claims Fall for Third Week in a Row

Washington, D.C., January 20, 2023--In the week ending January 14, 2023, the advance figure for seasonally adjusted initial claims for unemployment insurance was 190,000, a decrease of 15,000 from the previous week's unrevised level of 205,000, according to the Department of Labor.

Total Housing Starts Slid in December, but Single-Family Grew

Washington, D.C., January 20, 2023--Privately owned housing starts in December were at a seasonally adjusted annual rate of 1,382,000, which is 1.4% below the revised November estimate of 1,401,000 and 21.8% below the December 2021 rate of 1,768,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Georgia Ports Increasing Capacity Following Record Volume in 2022

Savannah, GA, January 20, 2023--The Georgia Ports Authority (GPA) in 2022 handled 5.9 million 20-foot equivalent units--more containers than ever before and a 5% increase over 2021--as gluts of imports caused widespread port backups, reports FreightWaves, a news source covering the logistics industry.

Live Ventures Equity Firm Acquires Flooring Liquidators

Las Vegas, NV, January 20, 2023--Live Ventures Inc., a diversified holding company, has acquired the outstanding equity interests of Flooring Liquidators Inc., a leading retailer and installer of floors, carpets and countertops in California and Nevada.

Polysport Expands Partnership with Conica Sports Flooring

Nashville, TN, January 20, 2023--Polysport, a national installation company for sport surfacing solutions, has entered into an exclusive agreement with Conica, a Switzerland-based producer of sports and recreational flooring.